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The SEC has stepped up its enforcement actions in the cryptocurrency space, following the revelations about FTX.
Six months after FTX’s bankruptcy, there has been a significant increase in cryptocurrency-related enforcement actions taken by the U.S. Securities and Exchange Commission (SEC).
The analysis found that the SEC took about a half-dozen enforcement actions in the six months leading up to FTX’s bankruptcy, according to SEC press releases and action reports.
In the six months following FTX’s bankruptcy, cryptocurrency-related enforcement actions taken by the SEC jumped to at least 17, an increase of 183% from the previous period.